Retirement plan

THE PETERSON COMPANIES 401(K) EMPLOYEE INCENTIVE PLAN

Name: THE PETERSON COMPANIES - THE PETERSON COMPANIES 401(K) EMPLOYEE INCENTIVE PLAN (2024) Form 5500
Creator: THE PETERSON COMPANIES
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, THE PETERSON COMPANIES 401(K) EMPLOYEE INCENTIVE PLAN, THE PETERSON COMPANIES

THE PETERSON COMPANIESEIN 54-1160244Plan #001PY 2024

4100 MONUMENT CORNER DRIVE SUITE 30 - FAIRFAX, VA 22030703-631-7566petersoncos.comLinkedIn51-200 employeesreal estate

Prospect flagsHigh feesHigh assets / participantCorrective distributions

How to read this page

Total assets (EOY)

$62M

+10.0% from 2023

Total participants

257

-5.2% from 2023

Average account balance

$257,426

+17.3% from 2023

Annual return

14.59%

-2.33 pp from 2023

Benchmarks

See 1,090 peers

Peer group

Industry53 - Real Estate and Rental and Leasing

Plan typeDefined contribution

Participants100-249

Cohort1,090 peers

Snapshot2024

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$62.04M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$257K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

241

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

91.2%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$3.30M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$18K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+14.59%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$657

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 4 by compensation

Provider	Service type	Compensation
MORGAN STANLEY SMITH BARNEY2 years Filed as: MORGAN STANLEY Service code 27 · EIN 20-8764829 1585 BROADWAY · NEW YORK, NY 10036	Advisory (Plan)	$84,725
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 · EIN 06-1050034 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Recordkeeping Fees	$44,830
METZ & ASSOCIATES PLLC2 years Service code 10 9201 N 25TH AVE STE 170 · PHOENIX, AZ 85021	Accounting	$7,750
GREAT-WEST LIFE & ANNUITY INSURANCE1 year Filed as: EMPOWER FINANCIAL SERVICES, INC Service code 33 8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111	Securities brokerage; Other investmen...	$100

Plan features & details

Pension benefit codes2E2F2G2J2K2R2S2T3D3H

Plan features

2E
Profit-sharing
Profit-sharing plan.
2F
ERISA section 404(c) plan
This plan or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1 (shifting investment responsibility to participants).
2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2K
Code section 401(m) arrangement
Employee contributions are allocated to separate accounts under the plan or employer contributions are based in whole or in part on employee deferrals or contributions to the plan. Not applicable to 401(k) plans with only QNECs and/or QMACs or to 403(b)(1) 403(b)(7) or 408 arrangements.
2R
Participant-directed brokerage accounts
Participant-directed brokerage accounts provided as an investment option under the plan.
2S
Automatic enrollment
Plan provides for automatic enrollment in plan that has elective contributions deducted from payroll.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

3 tripped

OpportunityHigh fees
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
ComplianceCorrective distributions
Plan reported corrective distributions (failed ADP/ACP testing).
InformationalHigh assets / participant
Assets per participant exceed $250,000 - top-decile high-value plan.

Expense breakdown

Schedule H Part II

Admin total

$158K

$875 / participant

Recordkeeping$45K28.3%
Investment mgmt$85K53.5%
Other trustee fees$1000.1%
Other / not subdivided$29K18.1%

% of EOY assets

0.255%

all-in expense ratio

Categories reported

3 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Unqualified opinion

Auditor signed off without reservation - the cleanest possible opinion.

Auditor firm: METZ CPA, PLLC
Auditor EIN: 464558541
Audit fees: $7,750
Opinion code: Unqualified

Metric

This plan

Peer set

Industry

Size

Avg account balance

$257,426

$73,532+250.1%

$178,540+44.2%

$74,459+245.7%

Participation rate

91.2%

66.6%+24.6pp

77.1%+14.1pp

67.2%+23.9pp

Annual return

14.59%

17.51%-2.9pp

27.15%-12.6pp

1369.70%-1355.1pp

Employer contribution / active EE

$4,792

$2,221+115.8%

$3,953+21.2%

$2,626+82.5%

Participant deferral / active EE

$13,453

$4,519+197.7%

$6,281+114.2%

$4,350+209.3%

Admin fee / account holder

$657

$1,813-63.7%

$10,424-93.7%

$1,945-66.2%

Provider

Service type

Compensation

MORGAN STANLEY SMITH BARNEY2 years

Filed as: MORGAN STANLEY

Service code 27 · EIN 20-8764829

1585 BROADWAY · NEW YORK, NY 10036

Advisory (Plan)

$84,725

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER ANNUITY INSURANCE COMPANY

Service code 64 · EIN 06-1050034

8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Recordkeeping Fees

$44,830

METZ & ASSOCIATES PLLC2 years

Service code 10

9201 N 25TH AVE STE 170 · PHOENIX, AZ 85021

Accounting

$7,750

GREAT-WEST LIFE & ANNUITY INSURANCE1 year

Filed as: EMPOWER FINANCIAL SERVICES, INC

Service code 33

8515 E ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111

Securities brokerage; Other investmen...

$100

THE PETERSON COMPANIES 401(K) EMPLOYEE INCENTIVE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

THE PETERSON COMPANIES 401(K) EMPLOYEE INCENTIVE PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion